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City of Mansfield Annual Budget and Service Program Fiscal Year 2025-2026 Table of Contents
This approach emphasizes the long-term financial sustainability of business-type activities and mirrors private-sector
accounting practices.
Consistency with Financial Reporting
The City’s basis of budgeting is designed to be consistent with the basis of accounting used in the City’s Annual
Comprehensive Financial Report, ensuring transparency, comparability, and accountability in the management of public
resources.
The chart on the following page summarizes the basis of budgeting for the City’s major funds by accounting method.
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